A triumphant Crispin Odey has lauded the ‘brave’ British people after the UK voted to leave the European Union.
The hedge fund multi-millionaire has been a vocal backer of the ‘leave’ campaign since day one, and having previously put the EU down as a ‘political union’, Odey has heralded what he perceives as the courage of Brexit voters.
‘Ordinary people have spoken and broken ranks with the experts and their political leaders,’ said the manager of the Odey European fund. ‘This reflects proper disaffection in a world of low growth and almost no productivity growth which can only get worse if unanswered.’
Odey was one of a number of prominent Mayfair hedge fund managers to go public with their support for a British exit, and in April added his name to a letter containing the signatures of more than 100 financial executives.
‘People want honest appraisals,’ he added. ‘They need structures that humanise them, leaders that they can know can communicate with, solutions that, however unpalatable, are explained, communicated and preferably debated well in advance.
‘This is a black day for those who would prefer decisions to be made in darkened rooms by experts. What a day. But it must not go to waste and we must remember how close it was but also how brave a decision it was!’
However, Hargreaves Lansdown co-founder, a vocal Brexit campaigner, appeared to distance himself from the result.
This morning he tweeted: 'Now the real work begins, this is a golden opportunity but only if our politicians and civil service are up to the task, I have my doubts!!'